This study was undertaken to determine whether the curricula of the colleges and universities are meeting the needs of the growing insurance industry. This study will determine, first, whether the insurance curricula of the accredited four-year colleges and universities in the state of Texas fulfill the needs of the insurance industry as reported by 100 selected insurance companies operating in the state of Texas. Second, this study will compare the insurance program at North Texas State College with the programs of other accredited colleges and universities in Texas. Third, from the foregoing analysis this study will attempt to determine whether the insurance program at North Texas State College could be improved. As a final consideration, this study will determine whether the insurance companies desire colleges and universities to offer special short courses for their insurance personnel.

The problem of this study is to develop a series of "situation-type" problems to be used in the teaching of the first course in elementary accounting at North Texas State College. The solutions for the problems were prepared contemporaneously with the problems to save the instructor's time when the problems are used. These problems are to include the phases of accounting of theory and principles in addition to the recording and classifying.